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Famous American Physician and Poet, Mr Oliver Wendell Holmes Sr. said that “The young man knows the rules, but the old man knows the exceptions”. This goes well with the proposal of the Finance Bill, 2021 exempting a resident senior citizen from the filing of return of income if he has the specified income and the tax thereon is deducted by the bank.Famous American Physician and Poet, Mr Oliver Wendell Holmes Sr. said that “The young man knows the rules, but the old man knows the exceptions”. This goes well with the proposal of the Finance Bill, 2021 exempting a resident senior citizen from the filing of return of income if he has the specified income and the tax thereon is deducted by the bank.taxmann.com Latest ArticlesRead More